DEANBEL: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DEANBEL
Largest movements
- Receivables within one year +€1.7m
up €1.7m (+26.9%), from €6.4m to €8.2m
- Cash -€1.1m
down €1.1m (-90.7%), from €1.2m to €111,396
mainly Receivables within one year (-€1.7m) and Net result for the year (-€52,632)
- Other debts +€521,612
up €521,612 (+4.9%), from €10.7m to €11.3m
- Short-term financial debts +€151,025
new in 2025: €151,025
- Financial charges -€316,774
down €316,774 (-99.9%), from €317,005 to €232
- Staff costs +€41,311
new in 2025: €41,311
- Gross operating margin -€1,355
down €1,355 (-15.5%), from -€8,735 to -€10,091
- Other operating charges +€996
up €996 (+34330.0%), from €3 to €998
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,428,783 | €11,075,553 | +€646,770 | +6.2% |
| Fixed assets | 21/28 | €2,801,000 | €2,801,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,801,000 | €2,801,000 | = | 0.0% |
| Current assets | 29/58 | €7,627,783 | €8,274,553 | +€646,770 | +8.5% |
| Amounts receivable within one year | 40/41 | €6,432,131 | €8,162,896 | +€1.7m | +26.9% |
| Other amounts receivable | 41 | €6,432,131 | €8,162,896 | +€1.7m | +26.9% |
| Cash at bank and in hand | 54/58 | €1,195,651 | €111,396 | -€1.1m | -90.7% |
| Deferred charges and accrued income | 490/1 | - | €261 | +€261 | |
| Total equity and liabilities | 10/49 | €10,428,783 | €11,075,553 | +€646,770 | +6.2% |
| Equity | 10/15 | -€305,024 | -€357,656 | -€52,632 | -17.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€330,024 | -€382,656 | -€52,632 | -15.9% |
| Amounts payable | 17/49 | €10,733,806 | €11,433,209 | +€699,402 | +6.5% |
| Amounts payable within one year | 42/48 | €10,733,806 | €11,433,209 | +€699,402 | +6.5% |
| Financial debts | 43 | - | €151,025 | +€151,025 | |
| Credit institutions | 430/8 | - | €151,025 | +€151,025 | |
| Trade debts | 44 | €0 | €6,959 | +€6,959 | |
| Suppliers | 440/4 | €0 | €6,959 | +€6,959 | |
| Taxes, remuneration and social security | 45 | - | €19,806 | +€19,806 | |
| Taxes | 450/3 | - | €5,810 | +€5,810 | |
| Remuneration and social security | 454/9 | - | €13,996 | +€13,996 | |
| Other amounts payable | 47/48 | €10,733,806 | €11,255,418 | +€521,612 | +4.9% |
| Remuneration, social security and pensions | 62 | - | €41,311 | +€41,311 | |
| Other operating charges | 640/8 | €3 | €998 | +€996 | +34330.0% |
| Gross operating margin | 9900 | -€8,735 | -€10,091 | -€1,355 | -15.5% |
| Operating profit (loss) | 9901 | -€8,738 | -€52,401 | -€43,662 | -499.7% |
| Financial charges | 65/66B | €317,005 | €232 | -€316,774 | -99.9% |
| Recurring financial charges | 65 | €317,005 | €232 | -€316,774 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | -€325,744 | -€52,632 | +€273,112 | +83.8% |
| Profit (loss) for the period | 9904 | -€325,744 | -€52,632 | +€273,112 | +83.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€325,744 | -€52,632 | +€273,112 | +83.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.